Okay so basically gold but especially silver are having literally trillions of dollars pile into them rn. Mango cheeto has pissed off the allies with the Greenland remarks and the dollars strength is massively sliding downwards. Europe is selling off us bonds en masse and everyone is scrambling to replace their monopoly dollar money with metals

8 days ago the dxy(strength of the dollars) dropped 1.5% in about an hour and it’s continuing to get pieced up. The value of the dollar is down 3% in literally about 2 weeks. Silver itself had about 800 billion dollars flock into it today. For reference the largest single day stock of increase of all time was 300 billion into nvda about 2 years ago. That’s how bad this shit is getting.

China is buying the fuck out of silver and it’s basically joever for America. Basically buy silver and hoard it if u want America to collapse lol. The next few days are going to get wild. The price of an ounce of silver was 40 dollars 6 months ago. Now it’s 120…. That’s 4 trillion dollars man. Lmao

Edit: oh and here’s why this matters. Basically everything is going to be even more unaffordable. Poverty will skyrocket. Instability and chaos will consume America. Oil will no longer be traded in dollars and American global influence will wane.

  • MineDayOff [none/use name]@hexbear.net
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    9 days ago

    Damn this country. I had a bunch of silver that I had been collecting over years. But I had to sell everything because living in said country requires extracting more money from me.

        • fort_burp@feddit.nl
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          8 days ago

          True lol reminds me of this.

          In this brief post, I hope to clear the ground by proposing two simple rules to which neo-liberalism can be reduced. They are:

          Rule #1: Because markets.

          Rule #2: Go die!

          Summarizing, the rules do not apply in the following two contexts:

          Invariant #1: The rules of neoliberalism do not apply to those who write the rules.

          Invariant #2: The rules of neoliberalism do not apply in the world of the 0.01%.

          Both have impunity[2]. These asymmetries will become more interesting shortly.